Common use of Voluntary Termination for Good Reason Clause in Contracts

Voluntary Termination for Good Reason. Executive may terminate his employment for good reason ("Termination For Good Reason") upon 30 days written notice. In the event of Termination for Good Reason, Executive shall be entitled to receive the payments and other rights provided in Section 7(c) hereof. For purposes of this Agreement, termination for "Good Reason" shall mean voluntary termination by Executive of his employment with the Company based on one of the following events: (i) the material diminution in Executive's position, title, responsibilities or authority from those in effect at the Commencement Date; (ii) the breach by the Company of any of its material obligations under this Agreement.

Voluntary Termination for Good Reason. Executive may terminate his employment for good reason ("“Termination For Good Reason"”) upon by providing 30 days’ prior written notice to the Company of a breach constituting Good Reason, which notice shall be provided within 45 days after the initial existence of the breach, and further provided that such breach is not cured in all material respects to the reasonable satisfaction of Executive within 30 days written after such notice. In the event of Termination for Good Reason, Executive shall be entitled to receive the payments and other rights provided in Section 7(c) hereof. For purposes of this Agreement, termination for "“Good Reason" ” shall mean voluntary termination by Executive of his employment with the Company based on one of the following events: (i) the material diminution in Executive's position, title, responsibilities or authority from those in effect at the Commencement Date; (ii) the breach by the Company of any of its material obligations under this Agreement.

Voluntary Termination for Good Reason. During the period commencing upon the occurrence of Good Reason (as defined below) and continuing for 30 days thereafter, Executive may shall have the right to terminate his Executive’s employment for good reason Good Reason ("as defined below), whereupon Executive shall become entitled to receive compensation as provided in Section 4.07 hereof. Termination For Good Reason") by the Executive pursuant to the preceding sentence shall be effective upon 30 days written notice. In the event of Termination for Good Reason, Executive shall be entitled notice to receive the payments and other rights provided in Section 7(c) hereofCompany. For purposes of this Agreement, termination for "“Good Reason" shall mean voluntary termination by Executive of his employment with the Company based on one ” means any of the following eventsfollowing: (i) the material diminution in Executive's position, title, responsibilities or authority from those in effect at the Commencement Date; (ii) the breach by the Company of any of its material obligations under this Agreement.

Voluntary Termination for Good Reason. The Executive may voluntarily terminate his employment and this Agreement for good reason Good Reason ("Termination For Good Reason"as defined below) at any time upon 30 days written thirty (30) days’ prior notice to the Bank, in which event the Executive’s employment with the Bank and this Agreement shall terminate as of the effective date of termination as set forth in the termination notice. In the event of Termination his voluntary termination of employment for Good Reason, the Executive shall be entitled to receive the payments and other rights provided in Section 7(c) hereof. For purposes of this Agreement, termination for "Good Reason" shall mean voluntary termination by Executive of his employment with the Company based on one all of the following events: (i) severance benefits described in Subsection 4(c), subject to all of the material diminution in Executive's position, title, responsibilities or authority from those in effect at the Commencement Date; (ii) the breach by the Company of any of its material obligations under this Agreementconditions set forth therein.

Voluntary Termination for Good Reason. Executive may terminate his her employment for good reason ("Termination For Good Reason") upon 30 days written notice. In the event of Termination for Good Reason, Executive shall be entitled to receive the payments and other rights provided in Section 7(c) hereof. For purposes of this Agreement, termination for "Good Reason" shall mean voluntary termination by Executive of his her employment with the Company based on one of the following events: (i) the material diminution in Executive's position, title, responsibilities or authority from those in effect at the Commencement Date; (ii) the breach by the Company of any of its material obligations under this Agreement.

Voluntary Termination for Good Reason. The Executive may voluntarily terminate his employment and this Agreement for good reason Good Reason ("Termination For Good Reason"as defined below) at any time upon 30 days written at least thirty (30) days’ prior notice to the Company, in which event the Executive’s employment with the Company and this Agreement shall terminate as of the effective date of termination as set forth in the termination notice. In the event of Termination his voluntary termination of employment for Good Reason, the Executive shall be entitled to receive the payments and other rights provided in Section 7(c) hereof. For purposes of this Agreement, termination for "Good Reason" shall mean voluntary termination by Executive of his employment with the Company based on one all of the following events: (i) severance benefits described in Subsection 4(c), subject to all of the material diminution in Executive's position, title, responsibilities or authority from those in effect at the Commencement Date; (ii) the breach by the Company of any of its material obligations under this Agreementconditions set forth therein.